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Stock impact report

This Year's IPO Billionaires See Wealth Eroded by Market Moves [Yahoo! Finance]

Venture Global, Inc. Class A common stock (VG) 
Last venture global, inc. class a common stock earnings: 2/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vonage.com
Company Research Source: Yahoo! Finance
Insiders whose stakes ballooned to at least $1 billion on the first trading day have since seen the value of those holdings plunge by an average of 23% in the following weeks or months, according to the Bloomberg Billionaires Index. Most Read from Bloomberg London's Love of Wood-Burning Stoves Sparks a Pollution Debate “Hype and momentum can only take you so far,'” said Steve Sosnick, chief strategist at Interactive Brokers. “We saw no shortage of stocks and other speculative assets, new and old, have momentum-driven spikes and fades this year.” Here's a list of the billionaires created by this year's IPO rebound, and how they've fared since their company's debut. Venture Global: Bob Pender and Mike Sabel Current stake value: Pender, $6.8 billion; Sabel, $6.8 billion Change since opening IPO price on Jan. 23: -71% Change since high-water mark on Jan. 23: -72% Liquefied natural gas exporter Venture Global Inc.'s highly-awaited public debut in January was one of the f Show less Read more
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